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Budget Chief: Purra’s Cuts Absent From June Draft Proposal
5 Articles
5 Articles
Budget chief: Purra’s cuts absent from June draft proposal
The June budget draft prepared by Finland’s Ministry of Finance did not include any of Riikka Purra’s savings proposals, according to the Ministry’s Budget Director Mika Niemelä. Speaking to STT on Wednesday, Niemelä confirmed that work on compiling proposed spending cuts only began last Friday, following a request from Finance Minister Purra. The government’s €1 billion savings target had not yet taken form when the June draft was completed.
The billion-euro savings package proposed by Purra began to be put together on Friday of last week.
The Hamburg mogul states that subsidies for passenger ships have weakened the competitiveness of hotel restaurants, for example.
According to Mika Niemelä, budget manager at the Ministry of Finance, there was nothing surprising in the preparation of the ministry's cut package.
The basic budget proposal prepared by the Ministry of Finance's staff in June did not yet include any of the savings proposals by Finance Minister Riikka Purra (PS).
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